IBT Staff Reporter

Stock index futures dipped on Friday as investors feared government payrolls data for February may show the recession is deepening and extend Wall Street's recent fall to 12-year lows.

China's economic leaders struck a note of quiet confidence on Friday that the economy is already reviving in response to swift action to counter the shock of the global financial crisis.

Two top contenders for senior posts at the U.S. Treasury have withdrawn, people familiar with the moves said on Thursday, dealing a blow to Treasury Secretary Timothy Geithner's efforts to build his staff to fight the financial crisis.

Citigroup plans to sell its 26 percent stake in Japanese online broker Monex Group Inc as part of the struggling U.S. bank's efforts to raise cash, the Yomiuri newspaper reported on Friday.

Coca-Cola Co, the world's largest soft drinks maker, said on Friday it will invest $2 billion in new plant and distribution infrastructure in the next three years in China.

Europe called for clarity on crisis-hit carmaker GM's plans for assets in the region with a German minister saying insolvency could be an option for Opel, while the Continental board met on Friday to discuss Schaeffler. As carmakers worldwide battle a sales slump, debate continued over the future of General Motors' European assets, with attention focusing on German brand Opel. German Interior Mi...

The dollar rolled back sharply from three-year highs on Friday and demand for euro zone government debt rose as investors fretted that U.S. employment data would be worse than previously forecast.

Job losses in the United States likely accelerated last month and the unemployment rate probably surged to a 25-year high as recession-hit companies took drastic steps to cut costs, according to economists.

Japan's broad TOPIX stock index slid to a 25-year low on Friday after a warning from General Motors about possible bankruptcy slammed Wall Street, but hopes for more stimulus spending in China limited losses in most Asian markets.

The U.S. government plans to invite wealthy investors to invest in the bailout of the crippled financial system, The Washington Post reported on Friday.

Asia stocks slid on Friday after a warning from General Motors' that it may need to file for bankruptcy drove Wall Street shares to 12-year lows and highlighted the severe troubles of major U.S. companies and banks.

The U.S. Federal Reserve refused to identify the trading parties who benefitted from the bank's bailout of insurance giant American International Group.

The times when PC sales were sky high and seemingly unaffected by the credit crisis have come to an end with the industry taking a beating from the current global economic crisis.

Asia stocks slid on Friday after a warning from General Motors' that it may need to file for bankruptcy drove Wall Street shares to 12-year lows and highlighted the severe troubles of major U.S. companies and banks.

On March 5 Pepsi reinvigorated its beverage lineup with the announcement of three new products as part of its “Refresh Everything” campaign.

The U.S. Federal Reserve refused to identify trading partners benefiting from a $180-billion taxpayer bailout of American International Group as one lawmaker said Europe's financial stability was at stake in the rescue of the insurer.

Travellers come to Anguilla for the natural beauty and quiet atmosphere, the 33 sparkling strands, art galleries, and other historical and cultural offerings.

On March 5 BlueStar Energy Services, Inc. announced that it has closed a new secured credit facility.

General Electric Co acknowledged on Thursday that a cut in its top-tier credit rating was possible, but its chief financial officer said there was no time bomb hidden in its hefty finance arm.

Stocks slid on Thursday with the Dow and S&P falling to 12-year lows as General Motors' warning of possible bankruptcy and concerns about the banking system's fate reinforced investors' reluctance to take on risk.

Google Inc plans to let its cash pile up as it weathers the economic recession, the Web search leader's Chief Executive Eric Schmidt said on Wednesday.

Stocks slid on Thursday with the Dow and S&P falling to 12-year lows as General Motors' warning of possible bankruptcy and concerns about the banking system's fate reinforced investors' reluctance to take on risk.

A widely anticipated cut to General Electric Co's credit ratings would likely not take the U.S. conglomerate below the double-A level, bond experts and GE's chief financial officer said on Thursday.

A Cook County Sheriff in Chicago, Illinois sued online classified site Craigslist on Thursday, dubbing it the single largest source of prostitution in the nation, according to media reports.

With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.

Stocks extended their slide to 12-year lows on Thursday as General Motors' warning of possible bankruptcy and concerns about the fate of the banking system sped investors' flight from riskier assets.

Fans of The Beatles who have always wanted to sing alongside John and Paul, or rock with George and Ringo, will finally get their chance on September 9 when the band's much-anticipated videogame hits the shelves.

Amazon.com Inc will allow shoppers to trade in used video games for store credit, a move that may challenge a core driver of profitability for No. 1 U.S. game retailer GameStop Corp.

A senior Democratic lawmaker said on Thursday he would push to pass legislation to repeal a three-year-old U.S. ban on Internet gambling that has hurt trade ties with European Union.